Top 10 hottest areas of London with shops, bars and house prices on the rise

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On a weekend afternoon at Wood Green, bored teens browse the rails in Primark while down the hill in Green Lane are several Turkish restaurants serving up plates of baba ghanoush and falafel.

On the other side of London, shoppers at the Ealing farmers’ market are filling their bags with heritage apples and artisan cheeses, while south of the river, lockdown dogs are frolicking on Peckham Rye.

These may seem like unmistakable snapshots of Londoners at leisure, but according to a new study, they are among London’s strongest high-street economies. They are also addresses that buyers hoping to move into a new (or earlier) home by 2022 should know.

An analysis of 49 of London’s local high streets, commissioned by regeneration specialist developer U+I, sheds light on the high streets that have come through the pandemic with flying colors, thanks to shops, restaurants, cafes and bars on their doors , driving demand and, in turn, home prices.

“We have seen a fundamental change in the way people live, work, shop and spend their free time during the pandemic,” explains Mike Hood, managing director of U+I.

“Local retail hub locations across London outperformed the rest of the city and the wider UK. This is likely to continue as the pandemic eases and these locations will benefit going forward.”

green lanes

Sophia Butler on Green Lane

, Adrian Lawrie

Number of people living within a mile: 116,950

transportation: Piccadilly Line, Turnpike Lane (Zone 3) or Manor House (Zone 2)

House prices: Value for money is a selling point by north London standards – a three-bedroom terrace would cost from £750,000 to £800,000, while a two-bedroom home would cost £450,000.

selling points: “Green Lane is not your typical high street,” says longtime local Sophia Butler, 40.

As the heartland of London’s Turkish community, this north-west London regional stronghold is filled with some of the best Mediterranean restaurants in the capital.

Busy 24/7, Green Lane is certainly lively, but it also has a safe and family-friendly feel — Butler and her husband, Nick, 38, a product designer, have two girls: Anastasia, six, and Louise, six. Four . “It’s a really liberating experience,” Butler says. “It feels a bit like being on vacation.”

The couple also run their own business: Sugar Tea Room, delivery and service of afternoon tea and home-made cakes.

Walthamstow

God’s Own Junkyard in Walthamstow

, Daniel Lynch

Number of people living within a mile: 124,883

transportation: Victoria Line, Zone 3

House prices: Family-sized homes come with a seven-figure price tag, but three-bedroom terraces (far from premium prices in Walthamstow Village) change hands for £650,000 and two-bedroom period flats go hand in hand for less than £400,000. change.

selling points: Ho Street, with a rich mix of discount stores and boutiques, lively markets and Walthamstow Village boutiques.

lewisham

Lewisham Market

, Alamy Stock Photo

Number of people living within a mile: 75,834

transportation: Charing Cross, Canon Street, Victoria (Zone 2), DLR . overground services for

House prices: Budget around £425,000 for a two-bedroom flat, from £550,000 to £650,000 for a three-bedroom.

selling points: Bakerloo line extension (currently on hold), shopping center scheduled for redevelopment, lots of new flats and a regular Street Fest takeover at pubs, cafes, delis and markets.

wood green

Shazia Saleem in her pop shop at Blue House Yard Wood Green in London

, Adrian Lawrie

Number of people living within a mile: 81,729

transportation: Piccadilly Line, Zone 3

House prices: Around the High Road are streets of Victorian and Edwardian terraces, with three-bedroom houses costing around £600,000 and two-bedroom flats £400,000.

selling points: Wood Greens High Road is filled with a healthy mix of independent and chain stores. A cinema draws people to the area, and there is an indoor shopping mall for rainy days.

Adrian Lawrie

There are plans to upgrade the High Road with new homes and shops, and there have been new arrivals such as the Blue House Yards, an innovative collection of seasonally-infused shops that is home to an interesting mix of start-ups and boutiques.

Shazia Saleem, 43, moved to Wood Green two years ago – she was visiting her sister, who lives locally, when she stumbled across Blue House Yards and realized it was her enduring fashion brand, Pop London. Perfect place to develop.

She likes the busyness and vibrancy of the place, and though she knows it has long had a reputation for being gritty, she says she feels safe in the area. “People are coming from the more expensive areas around it like Alexandra Palace and Muswell Hill. And that brings opportunity with it,” she says.

Ealing Broadway

Ealing Broadway

, Daniel Lynch

Number of people living within a mile: 71,968

transportation: Central Line, Zone 3

House prices: A two-bedroom Victorian flat will set you back around £600,000, while you’ll need at least £800,000 for a three-bedroom house.

selling points: Square, aspirational green streets, ample green space, cinema halls and some great Indian and Mediterranean restaurants

bromley

Carved dive at Bromley

, Daniel Lynch

Number of people living within a mile: 42,878

transportation: Overground services from Bromley South to Victoria in 18 minutes; Zone 5

House prices: You can buy a three-bedroom house with change from £500,000 or a two-bedroom flat for around £350,000.

selling points: The birthplace of David Bowie, an easy commute and top performing school.

SUTTON

Sutton High Street

, Alamy Stock Photo

Number of people living within a mile: 66,962

transportation: Overground services to London Bridge or Victoria take approximately 30 minutes; Zone 5

House prices: Buyers should expect to pay around £550,000 to £600,000 for a three-bedroom semi, or around £350,000 for a purpose-built, two-bedroom flat.

selling points: A Marks & Spencer and a cinema – shops are plentiful and the level of convenience is high.

Croydon

Croydon

, Daniel Lynch

Number of people living within a mile: 74,140

transportation: Overground services to Victoria or London Bridge in less than half an hour; Zone 5

House prices: Properties range from 1930s semi-detached homes (budget of around £600,000) to purpose-built apartments (£400,000 to £450,000 for two bedrooms).

selling points: The area has a major suburban shopping center with lots of chain stores and restaurants, as well as independent coffee shops, a theater, and lots of parks and open space.

peckham

Rye Lane in Peckham

, Daniel Lynch

Number of people living within a mile: 114,277

transportation: Overground trains from Peckham Rye to London Bridge, Victoria or Blackfriars in 15 to 30 minutes; Zone 2

House prices: A three-bedroom span terrace would cost in the region of £1.2 million, while a two-bedroom flat would cost comfortably £600,000, which is low for an ex-local property.

selling points: One of London’s great hipster-regeneration success stories with a high concentration of cool bars, restaurants and start-ups.

ilford

Street Market on Ilford High Road

, Alamy Stock Photo

Number of people living within a mile: 90,759

transportation: Overground trains to Liverpool in less than 20 minutes; Zone 4

House prices: £300,000 will only secure you a two-bedroom flat, while a three-bedroom Victorian terrace costs around £500,000.

selling points: Crossrail, the pedestrianized high street, good neighborhood restaurants and coffee shops are popping up.

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